Fund management, research and advisory firm GaveKal has acquired a 7.87% stake in London property investor Seaforth Land.
Seaforth Land said the funds received from GaveKal will be used to continue to grow the business. Financial details were undisclosed.
Gavekal will act as a strategic advisor to the business, although it will not have a representative on Seaforth Land鈥檚 board.
Tyler Goodwin, founder and chief executive officer, Seaforth Land, said: 鈥淕avekal is a recognised thought leader and asset manager to the world鈥檚 most sophisticated institutional and sovereign investors.鈥
Goodwin said Gavekal鈥檚 strategic investment advances Seaforth Land鈥檚 closer to its goal of being London鈥檚 best commercial operating partner to institutional clients.
Louis-Vincent Gave, founder and chief executive office, Gavekal, said: 鈥淭here are close synergies between our two businesses, both in terms of the clients we service but also in our approach to doing business.鈥
Seaforth Land caters to the specific needs of institutional and sovereign investors by acting as a collaborative operating partner in the Central London market, Gave said.
鈥淭yler and his team intend to disrupt the industry by increasing transparency and eliminating the high costs associated with investing in real estate through traditional fund managers.鈥